CVS could lose 10% of its Medicare Advantage members in 2025
05/23/24 at 03:00 AM
CVS could lose 10% of its Medicare Advantage members in 2025
Becker's Payer Issues; by Rylee Wilson; 5/14/24
CVS Health executives are bracing to lose up to 10% of Aetna's Medicare Advantage members next year, Bloomberg reported May 14. At an investor conference on May 14, CVS CFO Tom Cowhey said it's "entirely possible" the company loses a portion of its members in the coming year as it prioritizes profitability, according to Bloomberg. "That's OK because we need to get this business back on track," Mr. Cowhey said. Executives at CVS Health have said they will prioritize "margins over membership" in Medicare Advantage in the coming year.